The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing (26 - 27) Manufacture of electrical, electronic and optical products 27 - Manufacture of electrical equipment 27 - Manufacture of electrical equipment
500 jobs Number of planned job creations
Announcement Date
19 May 2008
Employment effect (start)
Foreseen end date
Description
Domingos Silva Teixeira, a Portuguese Company based in Braga, plans to invest EUR 17 million in the development of a new factory in Soutelo (Vila Verde) which will employ 500 people. The new factory will produce solar panels and wind power generators. In order to reduce costs, the company will also hire PhD students from China, India and USA to work on research related to renewable energy.
Sources
19 May 2008: Jornal de Notícias
Citation
Eurofound (2008), Domingos Silva Teixeira, Business expansion in Portugal, factsheet number 66643, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66643.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...